Yahoo Finance
Robert Kiyosakiisn't pulling punches this time.
The "Rich Dad Poor Dad" author saidon Xearly Tuesday that the "biggest crash in history has started," pointing to turbulence in Europe and Japan as the opening act of a global downturn he says he predicted more than two decades ago.
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and Japan and is spreading across the world.
It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
Related: If you invested $1,000 in gold & Bitcoin 10 years ago, here's how much money you'd have today Kiyosaki drew a parallel to the Great Depression, which he said lasted 25 years from 1929 to 1954, noting that prepared families like the Kennedys used the period to grow wealth while others suffered.
Kiyosaki has long urged followers to move beyond cash and paper assets.
His current playbook remains consistent: personal businesses, income-producing real estate, oil-producing wells, and hard assets like gold, silver,and Bitcoin.
He expects central banks to respond with more "fake money printing," which in his view makes holding cash a losing strategy.
This aligns with his recent messaging on quantitative easing.
| Product | Price | Change |
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